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New York considers new procedures for returning surplus tax foreclosure funds
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Excess Equity Watch, Legislative Developments
Monday, February 12, 2024
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The New York Legislature is considering legislation that would implement procedures for returning surplus funds to homeowners in response to Tyler v. Hennepin County and to provide homeowners at risk of tax lien foreclosures the same protections that are afforded to borrowers in residential mortgage foreclosure proceedings.
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